The Official "Damned Trump" Thread

[The Grand Nudger]

Ah, that makes more sense. You use the terms "capitalism" and "socialism" to refer to whether or not there are billionaires in a country.

[Deesse23]

Ah, that makes more sense.  You use the terms "capitalism" and "socialism" to refer to whether or not there are billionaires in a country.

Yeah, how stupid is that!?

[The Grand Nudger]

Pretty dumb. Anywho, the process for manufacturing billionaires is pretty much the same in either system, in reality. It's not surprising that a well run socialist system is capable of dumping currency on someones head. It may even be easier in what generally passes for socialism.

Despots have this tendency to be rich as fuck....and you're not going to be a billionaire in china without the blessing of the state. Meanwhile, over here (as an example) we're all "aspiring billionaires"...and our success rate is dismal.

[Deesse23]

Its not even 7%.

Since adoption of capitalist model in early 80s Chinese GDP grew at 9.4% on average. China alreadly has larger economy than US.
Current slowdown is likely caused by the trade war.
US GDP is growing at 2.5% substantially below historical average 4%.
Europe is growing at 1.3%.

China has <10% since 2008, its on decline since then. Id call that a trend. Ever wondered why? According to your theory, because they became more socialist, right? Because growth = level of capitalism.  
Did you ever consider its easy to grow, when you start from a low level to begin with?
Did you eve bother to google the growth rate of the german economy post-1945? Looks like we went from an posterchild capitalist state to a socilaist one. The truth, however, is completely different. But why would i bother to explain further to a bottomless pit of ignorance like you?

China is anything but capitalist.
Stop reading propaganda.

China is so communist it is 2nd by number of billionaires after US.

How many people does China have? The US? Dude, dont compare absolute numbers, China (and India) have a category of their own. When did you drop math? In middle school?

You are also stuck in the false dichotomy of capitalism vs socialism/communism. Thats so cold war Reagan 80s, kid. Chinas economy can best be described as a "free market economy", based on free trade with (more or less) influence/regulation by government. Its exactly the same most EU (and many other non US) countries have. Like i said, the authoritarian government however muddies the waters, and so there is still not consensus if China exactly matches this desription.

[The Grand Nudger]

Yeah, the counterpoint is that if china's economy is best described as a capitalist one, then it's an unstable form of capitalism. Their growth is unsustainable but it is exactly the point of what they're doing, just not the end goal....and at some point they decided that what they consider free market tools is a way to progress through the next phase of a socialist system.

They need money. Lots of it.

[Fake Messiah]

Scaramucci: “When you talk to elected Republicans privately, they can’t stand the president," Trump's former communications director said. "They know the president is a lawless person and basically a criminal."

https://thehill.com/homenews/administrat...-of-end-of

[BrianSoddingBoru4]

'We have a very powerful wall. But no matter how powerful, you can cut through anything, in all fairness. But we have a lot of people watching. You know cutting, cutting is one thing, but it's easily fixed. One of the reasons we did it the way we did it, it's very easily fixed. You put the chunk back in,' - Donald 'Put The Chunk Back In' Trump, regarding reports that smugglers are cutting up his multi-billion dollar wall with a $120 reciprocating saw.

Boru

[Jackalope]

He must have spent all of two brain cells wordsmithing that masterpiece of English.

[Dmitry1983]

Since adoption of capitalist model in early 80s Chinese GDP grew at 9.4% on average. China alreadly has larger economy than US.
Current slowdown is likely caused by the trade war.
US GDP is growing at 2.5% substantially below historical average 4%.
Europe is growing at 1.3%.

China has <10% since 2008

https://en.wikipedia.org/wiki/Financial_..._2007–2008

, its on decline since then.

Still much higher than in developed countries.

Did you eve bother to google the growth rate of the german economy post-1945?

https://data.worldbank.org/indicator/NY....cations=DE
Nothing spectacular.

[Deesse23]

China has <10% since 2008

https://en.wikipedia.org/wiki/Financial_..._2007–2008

Linking me the wiki article of the whole fucking financial crisis od 2007-2008? How about a graph that shows the growth of chinas economy as you claimed. Sorry, not gonna do your homework.

, its on decline since then.

Still much higher than in developed countries.

...which i never disputed. You were the one making a claim.
...still not as high as you claimed. So i was right and you were wrong. Why not admit to it?

Did you eve bother to google the growth rate of the german economy post-1945?

https://data.worldbank.org/indicator/NY....cations=DE
Nothing spectacular.

I am talking about post-1945, and you are linking data post-1975?! Jesus fucking christ. Are you so dense or is it just the ignorance. Try data from the 50s to 70. Then go back to what i told you: If you start from a low economic position. big growth is what is almost inevitable. Then go and try to refute me.

Hint: Try to google "Wirtschaftswunder". You know how to operate google, do you?